Income Statement

Fiscal Year: 2024
Jul 1, 2023 – Jun 30, 2024
Revenues in 2024
$56,998,101
Program Services
56%
Government Grants
43%
Investments
1%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$52,695,531
Fees to Service Providers
72%
Salaries & Benefits
15%
Other
11%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Advertising & Promotion
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$0
$102,500
-
Government Grants
$30,468,501
$24,409,689
-20%
Fundraising Events
$0
$0
-
Program Services
$2,630,419
$31,709,311
+1105%
Membership Dues
$0
$0
-
Investments
$174,404
$776,601
+345%
Other
$0
$0
-
Total Revenues
$33,273,324
$56,998,101
+71%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,912,745
$8,074,875
+37%
Fees to Service Providers
$16,216,927
$38,142,329
+135%
Advertising & Promotion
$43,427
$69,333
+60%
Offices, Occupancy & IT
$187,161
$494,013
+164%
Interest
$1,964
$1,292
-34%
Depreciation
$67,075
$255,713
+281%
Other
$3,321,555
$5,657,976
+70%
Total Expenses
$25,750,854
$52,695,531
+105%
Net income
2023
2024
Change
Net income
+$7,522,470
+$4,302,570
-43%
Functional Expenses
Summary
2023
2024
Change
Program
$20,837,248
$43,351,599
+108%
Admin
$4,913,606
$9,343,932
+90%
Fundraising
$0
$0
-
Total Expenses
$25,750,854
$52,695,531
+105%